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Tonkean Secures $50m Series B Round From Accel to Further Its Mission to Reinvent Enterprise Business Operations

Tonkean Secures $50m Series B Round From Accel to Further Its Mission to Reinvent Enterprise Business Operations
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Tonkean Offers BizTech Teams an Alternative to Apps with a New Standard for Enterprise No-Code Software

Share this article Share this article SAN FRANCISCO, March 16, 2021 /PRNewswire/ Tonkean, the Operating System for Business Operations, today announced the release of the next generation of its no-code process orchestration platform. Today s update creates a new enterprise model for rapid, cross-functional solution delivery while creating a structure for enterprise-wide governance. Latest release of Tonkean s extendable no-code platform delivers on the vision of the composable enterprise In the post-COVID world, the demand for technology solutions that drive business efficiency and create competitive advantages will be higher than ever before, said Sagi Eliyahu, CEO and Co-founder of Tonkean. This pressure puts a strain on business technology teams to scale faster, while still needing to maintain compliance across the organization. No-code platforms promise to democratize, and thus accelerate technology delivery, but to date, they have come with the tradeoff of governance.

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Survey Reveals Increasing Importance of Business Operations, Automation, and No-Code

Share this article Share this article SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ Tonkean, the operating system for business operations, today announced the results of its State of Business Operations study conducted in partnership with Lucid, which revealed the increasing value that enterprises place on business operations. More than 95% of respondents indicated that business operations has become a more important function in their organization in the past year. More than 95% of respondents indicated that business operations has become a more important function in their organization in the past year. The survey of 500 IT and business operations professionals at large and mid-sized companies, fielded in November of 2020, also showed growing frustrations with the status quo of resources and tools to perform operations work. 86% of respondents said their projects at least occasionally get delayed because of a lack of technical resources, and only 24% believed their current toolse

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Tonkean Recognized as a Representative Vendor in Gartner s Market Guide for iBPMS

Tonkean Recognized as a Representative Vendor in Gartner s Market Guide for iBPMS Tonkean recognized as a representative vendor in 2020 report for its Adaptive Business Operations platform News provided by Share this article Share this article SAN FRANCISCO, Jan. 15, 2021 /PRNewswire/ Tonkean, the operating system for business operations, announced that it has been named as a representative vendor in the Gartner Market Guide for Intelligent Business Process Management Suites report. Tonkean s Adaptive Business Operations Platform was named as one of 20 representative vendor solutions in the report. 1 Tonkean Gartner defines the Intelligent Business Process Management Suite (iBPMS) market as the group of vendors offering licensed software that supports the full cycle of business process and decision discovery, analysis, design, implementation, execution, monitoring and optimization. An iBPMS offering consolidates process discovery, modeling, integration services, decisio

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